Major Gulf markets experienced a slight decline as concerns over a potential interest rate cut by the US Federal Reserve weighed on investor sentiment. The markets in the Middle East were impacted by the uncertainty surrounding the US monetary policy, leading to a cautious approach among investors.
The decline in the Gulf markets was reflective of the broader trend in global markets, as investors awaited further clarity on the Federal Reserve's stance on interest rates. The potential rate cut by the US central bank has raised concerns about the impact on global economic growth and market stability.
